Filing Details
- Accession Number:
- 0001214659-16-008774
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-01-08 06:04:26
- Reporting Period:
- 2016-01-05
- Filing Date:
- 2016-01-08
- Accepted Time:
- 2016-01-08 06:04:26
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 808326 | Emcore Corp | EMKR | Semiconductors & Related Devices (3674) | 222746503 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1628825 | Jeffrey Rittichier | 2015 W. Chestnut Street Alhambra CA 91803 | Chief Executive Officer | No | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2016-01-05 | 75,000 | $0.00 | 119,962 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2016-01-06 | 28,330 | $5.77 | 91,632 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2016-01-06 | 839 | $5.77 | 90,793 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Emcore Common Stock | Restricted Stock Units | Disposition | 2016-01-05 | 75,000 | $0.00 | 75,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 150,000 | No | 4 | M | Direct |
Footnotes
- Each restricted stock unit represented a contingent right to receive one share of Emcore common stock. Restricted stock units were payable, at the election of the Issuer, in cash, Emcore common stock, or a combination of the two. On January 5, 2016, the Issuer settled the restricted stock units in common stock.
- All sales were effected pursuant to a 10b5-1 plan previously adopted by the Reporting Person to satisfy the reporting person's tax liability in connection with the vesting of restricted stock units that were granted under the Company's 2012 Equity Incentive Plan, which grant was exempt from Section 16b pursuant to Rule 16b-3(d).
- Each restricted stock unit represents a contingent right to receive one share of Emcore common stock. Restricted stock units are payable, at the election of the Issuer, in cash, Emcore common stock, or a combination of the two.
- 75,000 restricted stock units vested on January 5, 2016.
- The remaining unvested restricted stock units vest in two equal annual installments commencing on January 1, 2017. Not later than 30 days after vesting occurs, vested shares of Emcore common stock, an amount in cash equal to their fair market value or a combination of the two will be delivered to the Reporting Person.
- The restricted stock units were awarded to the Reporting Person for no cash or other similar consideration.
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